SCOTT REGIONAL MEDICAL CENTER INC

EIN: 260792328 501(c)(3) Health Care

MERIDIAN, MS

Total Revenue
$14,232,819
Total Expenses
$15,690,657
Total Assets
$13,237,125
Net Assets
$7,817,393
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MS
Principal Officer
D LARKIN KENNEDY
Phone
6017039992
Tax Period
2023-01-01 to 2023-12-31

SCOTT REGIONAL MEDICAL CENTER INC, founded in 2007, is a mid-sized nonprofit in the Health Care sector that reported $14.2M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $15.7M exceeded revenue, resulting in a 10% operating deficit.

Mission

HOSPITAL AND CLINIC PATIENT SERVICE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $14,225,061
Investment Income $0
Other Revenue $7,758
TOTAL REVENUE $14,232,819

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,162,127
Fundraising Expenses $0
Program Expenses $10,802,395
Other Expenses $7,528,530
TOTAL EXPENSES $15,690,657

Year-over-Year Comparison

2023 2022 Change
Revenue $14,232,819 $13,012,269 +0.1%
Expenses $15,690,657 $14,255,184 +0.1%
Net Income $-1,457,838 $-1,242,915 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$1,396,022
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE NUTT BOARD MEMBER 1.00
Director
$0 $0 $0
GARY PACE BOARD MEMBER 1.00
Director
$0 $0 $0
GREG BUTLER BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE EDWARDS BOARD MEMBER 1.00
Director
$0 $0 $0
D LARKIN KENNEDY CEO - OCHSNER RUSH HEALTH 1.00
Officer
$0 $54,090 $669,893
J ALLEN TYRA CEO - OCHSNER RUSH MEDICAL CENTER 1.00
Officer
$0 $23,546 $374,098
DAVID BUTLER CFO - OCHSNER RUSH HEALTH 1.00
Officer
$0 $21,709 $352,031
FREDERICK DUGGAN MD FORMER OFFICER 0.00
$0 $27,383 $840,103
ANDREW CHAMBERS FORMER HIGHEST COMP - NURSE PRACTIONER 0.00
$0 $24,384 $225,001
CONNIE JEAN GAINEY FORMER HIGHEST COMP - NURSE PRACTIONER 0.00
$0 $24,779 $211,042
P LANCE BRENT FORMER HIGHEST COMP - DIRECTOR 0.00
$0 $19,570 $192,333
EUGEN N JENKINS FORMER HIGHEST COMP - NURSE PRACTIONER 0.00
$0 $10,989 $191,675
AMBER B GUNN FORMER HIGHEST COMP - NURSE PRACTIONER 0.00
$0 $3,660 $187,598
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $14,232,819 $15,690,657 $13,237,125 $-1,457,838
2022 $13,012,269 $14,255,184 $12,478,042 $-1,242,915
2021 $18,066,730 $14,703,425 $54,062,472 $3,363,305
2020 $17,464,289 $13,932,053 $48,232,475 $3,532,236
2019 $10,695,935 $14,037,307 $37,514,520 $-3,341,372
2018 $14,351,263 $14,463,383 $33,258,463 $-112,120
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